LacPatrick and Arrabawn increase November milk prices
Arrabawn will pay its suppliers a base milk price for November of 29.68c/L including VAT.
Compared to October, this is a 1.5c/L increase on the base price.
LacPatrick Co-op has also announced that it will be increasing its November milk price by 2c/L for supplies.
Suppliers to the co-op will receive 29.25c/L for November supplies, including a Sustainable Dairy Assurance Scheme (SDAS) bonus of 0.25c/L.
The 2c/L increases in price by Arrabawn and LacPatrick are in line with other co-ops which set November milk prices last week.
On Friday last, December 16, Aurivo announced that it would be paying a base price of 29c/L, including VAT for November – an increase of 2c/L on the previous month.
The Board of Dairygold increased its milk price for November by 1c/L last week.
The co-op will pay its suppliers a base price of 29c/L for November supplies, which includes a quality bonus of 0.5c/L.
Kerry Group also announced that it would be increasing its milk price for November by 1c/L, bringing the milk price to 29c/L.
Meanwhile, following a meeting of the board of Glanbia, it announced that it will pay its member suppliers 30c/L, including VAT, for November manufacturing milk supplies.
This price is inclusive of a 1c/L Glanbia Co-operative Society support payment to its members.
Glanbia Ingredients Ireland (GII) has increased its base price by 2c/L to 29c/L, including VAT, for manufacturing milk at 3.6% fat and 3.3% protein. The GII base price is up 9c since July.
Lakeland Dairies also confirmed that it has increased its November milk price by 2c/L, bringing the price paid to farmer milk suppliers to over 29c/L inclusive of VAT.
When the additional 3c/L for voluntary out of season milk production scheme is included, it brings the price to over 32c/L for November milk.